Mealey's Antitrust/Unfair Competition - Apple Reaches Agreement With States, Consumers In E-Books Conspiracy Action

Mealey's Antitrust/Unfair Competition - Apple Reaches Agreement With States, Consumers In E-Books Conspiracy Action

NEW YORK - Apple Inc. reached a settlement with states and consumers on June 16 in litigation in which the judge previously found that Apple conspired with publishers to fix the prices of electronic books, heading off a trial on damages that was scheduled to begin Aug. 25 in federal court in New York (In re Electronic Books Antitrust Litigation, No. 11-md-02293 [State of Texas v. Penguin Group [USA], Inc., No. 12-cv-3394], S.D. N.Y.).

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